Greater Good Science Center | Are Women More Ethical Than Men?
Laura Kray, Gillian Ku, Jessica Kennedy MARCH 8, 2017
New research explores how men and women think about moral decisions—and how women’s voices can benefit business and society.
In 2008, Sallie Krawcheck was CEO of the Global Wealth Management division at Citigroup. Her company sold clients what Citigroup firmly believed were low-risk investments. After these investments unexpectedly lost most of their value in the market downturn, Krawcheck felt that Citigroup should offer its clients partial refunds.
Her position, at odds with that of her boss and the rest of the management team, led to a lengthy debate within the company that culminated in her dismissal.
In an NPR interview, Krawcheck recalled, “If you’d asked me at that point in time, ‘Sallie, did you get fired because you’re a woman?’ I would have said, ‘What, are you kidding me? Absolutely not.’”
However, as time went on, her answer transitioned to, as she now says, “Well, maybe.”
Sallie Krawcheck’s experience is... READ MORE